A fledgling startup founded by one of OpenAI’s first engineering hires is looking to “redefine manufacturing,” with AI-powered factories for creating bespoke precision parts. Daedalus, as the company is called, is based in the southwestern German city of Karlsruhe, where its solo factory is currently housed. Here, Daedalus takes orders from industries such as medical … Read more
According to The Information, TikTok plans to open studios in major cities, where creators can host shopping livestreams on the platform. This move follows the widespread addition and adoption of TikTok Shop in 2023, the app’s e-commerce element. If this idea sounds familiar, it may be because similar facilities have existed in China for years, … Read more
TOKYO — Daihatsu, a unit of Japanese automaker Toyota Motor Corp., has shut down production lines at all its four factories in Japan while transport ministry officials investigate improper tests for safety certifications. The shutdown as of Tuesday comes a week after Daihatsu Motor Co. announced it was suspending all vehicle shipments in and outside … Read more
Ford and its joint venture partner SK On, will increase wages at two planned EV battery factories in Kentucky and Tennessee in an effort to assuage striking autoworkers. That offer might not be enough. The joint venture, known as BlueOval SK, said it’s offering higher wages for maintenance technicians and associate maintenance technicians, ranging from … Read more
A employee welds within the workshop of a equipment and gear manufacturing enterprise in Qingzhou Financial Growth Zone, East China’s Shandong province, July 17, 2023. Future Publishing | Future Publishing | Getty Photographs Factories in Asia reported sluggish demand in July as new home and international orders slumped firstly of the third quarter, underscoring the … Read more